Premier League clubs spent only £96.2 million on bringing in players during the January window.
This is the lowest winter spending in three years.
Clubs have become more careful with how they splash the cash, with the Premier League’s Profit and Sustainability Rules, PSR, cutting down on spending power.
Last year, the Premier League clubs spent a record-breaking £780 million during the January window.
A breakdown shows that eight clubs signed players for disclosed fees.
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Crystal Palace paid a total of £30.5 million for Blackburn midfielder Adam Wharton (£22 million) and Genk right-back Daniel Munoz (£8.5 million), in what was a league-high.
Tottenham spent £26.7 million on Genoa centre-back Radu Dragusin.
Manchester City (£12.5 million), Aston Villa (£9.3 million), Brighton (£7.9 million), Nottingham Forest (£5 million), Brentford (£2.6 million) and Luton (£1.7 million) also recruited players for registered fees.